Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.
Indian pharmaceutical companies may have units abroad as part of "distributed manufacturing" across various locations, according to industry veterans. This may come about over the next five to 10 years.
It's time India re-visited its Western alliances for the attitude and approach that the West reserves for the nation when it comes to security cooperation of the kind that they might not have visualised outside of China, India's bug-bear, asserts N Sathiya Moorthy.
Trump announced that India and the US agreed to work together to build the India-Middle East-Europe Economic Corridor (IMEC) and called it one of the greatest trade routes. He said that the route will operate from Israel to Italy and onward to the US.
Prime Minister Narendra Modi and US President Joe Biden will have a substantive engagement on the sidelines of the Quad summit on Saturday, and the two sides will sign at least two agreements following the talks.
At a media briefing, French President Emmanuel Macron said the G20 leaders' declaration "confirms" Russia's isolation for its attack on Ukraine and that the bloc is committed to "just and lasting" peace in the war-torn country.
'Tax rate and stock markets are entirely two different things.'
India's stock markets corrected recently but foreign money is likely to chase China rather than India in the short-to-medium term, said Chris Wood, global head of equity strategy at Jefferies, on Thursday. Wood told the Business Standard Manthan Summit in New Delhi he is bullish about Indian equities from a long-term perspective, but for the short term he is cautious given the quantum of foreign investor (FII) outflows and valuation woes.
Barring a few, such as Andhra Pradesh Chief Minister N Chandrababu Naidu (74), Union Minister C R Patil (69) and Uttar Pradesh Finance Minister Suresh Khanna (71), most other ministers attending the WEF represent the next generation of India's politicians.
Reports (not denied by India) that the USA had 'for the first time provided real-time details to their Indian counterparts on the Chinese positions and force strength in advance of a PLA incursion' into Tawang at the LAC in December 2022, helping India thwart China's expansionist designs, show how operationally effective the USA-India friendship has become on the ground. A engaging excerpt from Sreeram Chaulia's must-read new book, Friends: India's Closest Strategic Partners.
Those who stay in other countries illegally do not have any legal right to be there, Modi said.
'We are not asking for incentives, but at least taxation can be aligned such that the rupee tax on consumers remains the same.'
Delhi's appeasement strategy may now translate as more mega arms deals with the US, generating substantial business and job creation in the American economy. Make no mistake, Americans will use it to pressure India, predicts Ambassador M K Bhadrakumar.
Putin's remarks came within two weeks after Prime Minister Narendra Modi's historic visit to Ukraine where he held talks with President President Volodymyr Zelenskyy.
Prime Minister Narendra Modi urged CEOs of US majors to take advantage of India's growth story as the country is making all efforts to become the third largest economy of the world in his third term. India is currently the fifth largest economy of the world after the US, China, Germany and Japan with a GDP of around $3.9 trillion. India has been the fastest growing large economies of the world with GDP growth rate of over 7 per cent for the last three consecutive years.
India's Foreign Secretary Vikram Misri has arrived in Beijing for a two-day visit during which he will hold talks with Chinese officials. The visit comes amid ongoing efforts to de-escalate tensions along the Line of Actual Control (LAC) in eastern Ladakh and to resume bilateral cooperation in various fields, including the Kailash Mansarovar Yatra.
It was good fortune for India to have Atal Bihari Vajpayee lead the government at a crucial moment in our history. He avoided India meeting the fate of Iraq or Ukraine, asserts military historian Colonel Anil A Athale (retd).
Jaishankar described as a "reasonable supposition" to expect some improvement in the relations between India and China following the last round of disengagement but hesitated to say that there could be a reset of the ties.
As a leader, he was ambitious, not for himself but for India and its people. His was not the short-term election cycle calculation of individual political gain. His was a practical vision of how to better the lives of his fellow citizens, asserts Ambassador Shivshankar Menon, who served as foreign secretary and national security advisor when Dr Singh was prime minister.
The prime minister will leave for the Indonesian city of Bali on Monday on a three-day visit to attend the summit that is expected to deliberate extensively on pressing global challenges including the Ukraine conflict and its implications.
The first summit in South Asia, it will host the largest delegation of 43 heads of State and government as well as the heads of international organisations.
The incident remains a reminder of the inherent fragilities of all geopolitical relationships.
The 20th India Economic Summit, the annual event organised by the World Economic Forum and Confederation of Indian Industry, will see a large turnout of foreign investors and delegates this year.
Before the group photo session, US President Biden walked towards Prime Minister Modi and exchanged pleasantries and warmly shook hands.
US Treasury Secretary Tim Geithner and Finance Minister Pranab Mukherjee announced the establishment of a new US-India Economic and Financial Partnership to strengthen bilateral engagement and understanding on macroeconomic, financial sector and infrastructure-related issues.
'Not paying workers enough will end up being self-destructive or harmful for the corporate sector itself.'
'The President-elect firmly believes we can avoid conflict with the Chinese Communist party because they need our markets.'
'Unsurprisingly, Trump shared Modi's podcast with Fridman on his Truth account.' 'The intentions of Trump, a transactional president, are never easy to tell.' 'We will know in the next fortnight if and when he unfolds reciprocal tariffs on Indian goods, whether Modi's flattering words made any significant difference to Trump's compass,' notes Ambassador M K Bhadrakumar.
'With continued focus on votes, upcoming by-polls and purchasing politicians, the political hierarchy has little time for national defence.' 'They would do well to heed a veteran scholar, who says, "There will be war with China in the next few years. The next full scale war will have the involvement of Pakistan and terror elements, insurgents and intelligence assets operating inside India",' warns Lieutenant General Prakash Katoch (retd).
India on Monday said that gas imports from Iran by pipeline passing through Pakistan was indispensable to its economic growth and will enter into trilateral dialogue on the pipeline early next year.
Australian Prime Minister Anthony Albanese has said matters like the expulsion of 'spies' are raised 'privately', when asked if an incident involving Indian citizens will come up when he meets his counterpart Narendra Modi at the Quad summit.
His five-year rule saw the Babri Masjid demolition, the rise of the saffron forces and also the country being placed firmly on a new economic path, away from the Nehru years of public sector socialism.
Prime Minister Modi will hold in-person meetings with President Putin for 8-9 hours during his nearly 24-hour stay in Russia, they said.
'The border deal offers a hedge for India against Trump's unpredictability when it comes to his approach to competition with China.'
Putin and Modi will discuss regional and global security, trade and all other topics on the agenda during their meeting, Peskov was quoted as saying by Russia's state-owned TASS news agency.
During a weekly press briefing, the Foreign Office Spokesperson Mumtaz Zahra Baloch said that invitations have been sent to the heads of countries to participate in the meeting which will take place on October 15-16, the Dawn newspaper reported.
'While on the one hand, terrorism continues to be a serious threat to global peace and security, on the other hand, areas such as cyber, maritime and space, are emerging as new theatres of conflict'
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